Median Income
$183,125
household / year
Median Home Value
$826,900
owner-occupied
Median Rent
$1,832
gross / month
Cost of Living
112
national avg = 100

Is Peapack and Gladstone, NJ a Good Place to Live?

Peapack and Gladstone is a small town of 2,561 in New Jersey, with a median household income of $183,125 and a 1.8% unemployment rate. Its cost of living index is 112 (US average = 100), which is 12% above the national average.

Strengths: Peapack and Gladstone stands out for a well-educated population.

Trade-offs: Potential downsides include an above-average cost of living, high home prices. Whether Peapack and Gladstone is right for you depends on your priorities — the full breakdown is below.

All Peapack and Gladstone city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 112.5

Peapack and Gladstone's overall cost of living index is 112.5, where 100 represents the US national average. Living in Peapack and Gladstone costs roughly 12% more than the average American city.

Metric Peapack and Gladstone, NJ National Avg
Median Home Value $826,900 $244,900
Median Monthly Rent $1,832 $1,163
Homeownership Rate 74.9% 65.9%
Median Household Income $183,125 $74,755

Crime & Safety

Very Safe

Peapack and Gladstone's violent crime rate is 20.4 per 100,000 residents — 95% lower than the national average of ~380 per 100,000.

Violent Crime
20.4 /100k
Property Crime
290.9 /100k

Vertical marker = national average. Source: FBI UCR Program.

Schools & Education

Metric Peapack and Gladstone, NJ National Avg
School District N/A —
Elementary Schools N/A —
Middle Schools N/A —
High Schools N/A —
Student/Teacher Ratio N/A 16:1
Bachelor's Degree or Higher 64.7% 35.4%
High School Diploma or Higher 98.2% 91.1%

Weather & Climate

Peapack and Gladstone sees average highs of 39.3°F in January and 86.2°F in July, with 48.9 inches of annual precipitation and 29.6 inches of snow per year.

MetricPeapack and Gladstone, NJ
Average High — January39.3°F
Average High — July86.2°F
Annual Precipitation48.9"
Annual Snowfall29.6"

Demographics

MetricPeapack and Gladstone, NJNational Avg
Population2,561—
Median Age44.938.9
Unemployment Rate1.8%3.7%
Avg Commute Time26.2 min26 min
White (non-Hispanic)86.5%59.3%
Black or African American4.3%13.6%
Hispanic or Latino3.9%18.9%
Asian4.3%6.3%
Under 1823.5%22.2%
65 and over19.0%16.8%

Nearby Cities

ZIP Codes in Peapack and Gladstone

Peapack and Gladstone, NJ is covered by 2 ZIP codes:

Peapack and Gladstone vs Other Cities

Frequently Asked Questions

Peapack and Gladstone's cost of living index is 112, where 100 is the national average. That puts Peapack and Gladstone roughly 12% above the national average in cost. The median home price is $826,900 and median rent is $1,832/month.
Peapack and Gladstone's violent crime rate is 20.4 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 290.9 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
School district information is sourced from NCES Common Core of Data.
Peapack and Gladstone, NJ has a population of 2,561, a median household income of $183,125, and an unemployment rate of 1.8%. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Peapack and Gladstone averages 39.3°F in January and 86.2°F in July. Annual rainfall is 48.9 inches with about 29.6 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Peapack and Gladstone, NJ is covered by 2 ZIP codes: 07977, 07934.
The population of Peapack and Gladstone, New Jersey is 2,561 with a median age of 44.9. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Peapack and Gladstone: cost of living index 112 (100 = US average), median home $826,900, median household income $183,125, crime index 9 (100 = US average, lower is safer). Whether these are benefits or drawbacks depends on where you're coming from — compare Peapack and Gladstone side by side with your current city to see the trade-offs.